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Babylon Pump & Power Ltd ( (AU:BPP) ) has provided an update.
Babylon Pump & Power Ltd announced a change in the director’s interest notice, specifically regarding Mr. Patrick Maingard’s holdings. The company executed a 30-to-1 consolidation of its securities, significantly reducing the number of shares and performance rights held by Mr. Maingard. This consolidation, approved at the company’s Annual General Meeting, is a strategic move that could impact the company’s stock structure and market perception.
The most recent analyst rating on (AU:BPP) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Babylon Pump & Power Ltd stock, see the AU:BPP Stock Forecast page.
More about Babylon Pump & Power Ltd
Babylon Pump & Power Ltd operates in the industrial sector, providing specialized equipment and services primarily focused on power generation and pumping solutions. The company targets industries requiring high-performance machinery and support, positioning itself as a key player in the market for industrial equipment and services.
Average Trading Volume: 6,310
Technical Sentiment Signal: Sell
Current Market Cap: A$16.5M
See more data about BPP stock on TipRanks’ Stock Analysis page.